Trustee Objects To Milbank Dual Role In Lehman Bankruptcy

Law360, New York (December 13, 2012, 1:50 PM EST) -- The U.S. trustee told the New York state judge overseeing Lehman Brothers Holdings Inc.'s bankruptcy Wednesday that she objects to Milbank Tweed Hadley & McCloy LLP's representation of both the official committee of unsecured creditors and the individual committee members seeking legal fees from the case, saying the dual representation poses a conflict of interest.

U.S. Trustee Tracy Hope Davis said Milbank must simultaneously seek payment of legal fees on behalf of individual creditors and review those fees requests on behalf of the unsecured creditors committee,...
To view the full article, register now.




Case Information

Case Title

Lehman Brothers Holdings Inc.

Case Number



New York Southern

Nature of Suit

Date Filed

September 15, 2008

Law Firms


Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.